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Coface: road and highway construction sector – major drop in investments caused by the collapse of incomes

The road and highway construction sector registered a decrease of -22% in incomes in 2013, and the level of investments in fixed assets dropped by up to 33%, shows an analysis conducted by Coface and published on Tuesday.

The deadlines for returns remained at a very high level, which was reflected in the significant increase of the average payment time of the suppliers. It is worth mentioning that the road and highway construction sector registered the highest level of insolvencies from all branches of economy.


For more information, please see the Romanian version of the article, here.
 

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COFACE ROMANIA CREDIT MANAGEMENT SERVICES SRL